
DOMS Promoter FILA Sells 7% Stake for ₹934.74 Cr
F.I.L.A. S.p.A., the foreign corporate promoter of DOMS Industries Ltd, has successfully completed an accelerated bookbuilding offering, selling 4,248,184 equity shares, representing 7.00% of the company's outstanding capital. The transaction generated approximately INR 934.74 crore (approx. €85.26 million) at a price of INR 2,200.34 per share. Following the sale, FILA's stake in DOMS will reduce to approximately 19%, though it will retain its promoter status as the single largest shareholder. The net proceeds will be used for capital structure optimization, deleveraging, and strategic objectives, including potential M&A. BNP PARIBAS and J.P. Morgan acted as Joint Bookrunners. FILA has agreed to a 90-day lock-up period for its remaining shares.
Key Highlights
- Promoter FILA sold 7% stake in DOMS for ₹934.74 Cr.
- Sale price was ₹2,200.34 per share.
- FILA's stake reduces to ~19% but retains promoter status.
- Proceeds to optimize capital structure and fund strategic goals.
- 90-day lock-up period for remaining shares.
Price Impact
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